Newt Gingrich: Kill the bailout
Tags: Bailout, Newt Gingrich
By: johnnyb
Johnny B is back in business.
Jon Cornyn, Kay Bailey Hutchison, John Culberson, pay attention:
Here is the question posed by NPR:
This $700 billion bailout plan, this potential 20-year mess that you’re talking about, comes from a Republican administration, comes from your own party. What’s happened to Republican faith in small government and free markets?
Gingrich:
Well, I think you have a Goldman Sachs chief of staff to the president and the Goldman Sachs secretary of the Treasury. And they convinced the president that the American people ought to send $700 billion to Wall Street, which I think is a very, very bad idea


